Unity Bancorp Stock Alpha and Beta Analysis
| UNTY Stock | USD 27.98 0.55 2.01% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Unity Bancorp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Unity Bancorp over a specified time horizon. Remember, high Unity Bancorp's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Unity Bancorp's market risk premium analysis include:
Beta (0.26) | Alpha 0.0168 | Risk 1.86 | Sharpe Ratio 0.0402 | Expected Return 0.0746 |
Enterprise Value |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Unity |
Unity Bancorp Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Unity Bancorp market risk premium is the additional return an investor will receive from holding Unity Bancorp long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Unity Bancorp. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Unity Bancorp's performance over market.| α | 0.02 | β | -0.26 |
Unity Bancorp expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Unity Bancorp's Buy-and-hold return. Our buy-and-hold chart shows how Unity Bancorp performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Unity Bancorp Market Price Analysis
Market price analysis indicators help investors to evaluate how Unity Bancorp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Unity Bancorp shares will generate the highest return on investment. By understating and applying Unity Bancorp stock market price indicators, traders can identify Unity Bancorp position entry and exit signals to maximize returns.
Unity Bancorp Return and Market Media
The median price of Unity Bancorp for the period between Sat, Mar 2, 2024 and Fri, May 31, 2024 is 27.34 with a coefficient of variation of 2.23. The daily time series for the period is distributed with a sample standard deviation of 0.61, arithmetic mean of 27.26, and mean deviation of 0.46. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Disposition of 2000 shares by James Hughes of Unity Bancorp at 7.25 subject to Rule 16b-3 | 03/06/2024 |
2 | Disposition of 1156 shares by James Hughes of Unity Bancorp at 27.2799 subject to Rule 16b-3 | 03/07/2024 |
3 | Acquisition by Boyan George of 12000 shares of Unity Bancorp subject to Rule 16b-3 | 03/08/2024 |
4 | Disposition of 2426 shares by James Hughes of Unity Bancorp at 28.02 subject to Rule 16b-3 | 03/15/2024 |
5 | Acquisition by Mary Gross of 2881 shares of Unity Bancorp at 18.77 subject to Rule 16b-3 | 03/18/2024 |
6 | Disposition of 1011 shares by James Hughes of Unity Bancorp at 28.68 subject to Rule 16b-3 | 03/25/2024 |
7 | Unity Bancorp Reports Quarterly Earnings of 9.6 Million | 04/12/2024 |
8 | Unity Bancorp First Quarter 2024 Earnings EPS Beats Expectations | 04/16/2024 |
9 | Institutional investors own a significant stake of 40 percent in Unity Bancorp, Inc. - Yahoo News Canada | 04/29/2024 |
10 | Disposition of 2600 shares by Vincent Geraci of Unity Bancorp at 27.193 subject to Rule 16b-3 | 05/01/2024 |
11 | Disposition of 1819 shares by James Hughes of Unity Bancorp at 27.7 subject to Rule 16b-3 | 05/03/2024 |
12 | Unity Bancorp, Inc. Short Interest Down 65.7 percent in April - MarketBeat | 05/10/2024 |
13 | Unity Bancorp declares 0.13 dividend | 05/16/2024 |
14 | Panagora Asset Management Inc. Raises Stock Position in Unity Bancorp, Inc. - Defense World | 05/24/2024 |
About Unity Bancorp Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Unity or other stocks. Alpha measures the amount that position in Unity Bancorp has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0132 | 0.0152 | 0.0156 | 0.0124 | Price To Sales Ratio | 3.13 | 2.94 | 1.99 | 1.82 |
Unity Bancorp Upcoming Company Events
As portrayed in its financial statements, the presentation of Unity Bancorp's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Unity Bancorp's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Unity Bancorp's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Unity Bancorp. Please utilize our Beneish M Score to check the likelihood of Unity Bancorp's management manipulating its earnings.
| 15th of April 2024 Upcoming Quarterly Report | View | |
| 12th of July 2024 Next Financial Report | View | |
| 31st of March 2024 Next Fiscal Quarter End | View | |
| 10th of January 2025 Next Fiscal Year End | View | |
| 31st of December 2023 Last Quarter Report | View | |
| 31st of December 2023 Last Financial Announcement | View |
Build Portfolio with Unity Bancorp
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Unity Bancorp Backtesting, Unity Bancorp Valuation, Unity Bancorp Correlation, Unity Bancorp Hype Analysis, Unity Bancorp Volatility, Unity Bancorp History and analyze Unity Bancorp Performance. For more information on how to buy Unity Stock please use our How to Invest in Unity Bancorp guide.You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Complementary Tools for Unity Stock analysis
When running Unity Bancorp's price analysis, check to measure Unity Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Unity Bancorp is operating at the current time. Most of Unity Bancorp's value examination focuses on studying past and present price action to predict the probability of Unity Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Unity Bancorp's price. Additionally, you may evaluate how the addition of Unity Bancorp to your portfolios can decrease your overall portfolio volatility.
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Unity Bancorp technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.